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tmf-group.com/TMFHorizon TMF Horizon Global payroll intelligence at your fingertips

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Page 1: TMF Horizon - TMF Group€¦ · At TMF Group, we’ve helped growing companies make sense of their global payroll operations for many years. 5,500 customers rely on our geographical

tmf-group.com/TMFHorizon

TMF HorizonGlobal payroll intelligence at your fingertips

Page 2: TMF Horizon - TMF Group€¦ · At TMF Group, we’ve helped growing companies make sense of their global payroll operations for many years. 5,500 customers rely on our geographical

Introducing a single, global platform for total payroll controlThe demands on payroll are forever changing as organisations evolve. Yet everyone expects to be paid accurately and on time, but making sure that happens consistently takes a lot of data, a lot of visibility, and whole lot of control. In any business, it’s hard. But add offices around the globe into the mix – each tasked with ensuring their payroll operations meet local standards and regulations – and a tough task becomes increasingly difficult.

At TMF Group, we’ve helped growing companies make sense of their global payroll operations for many years. 5,500 customers rely on our geographical reach, placing trust in our 1000+ local payroll experts who operate across over 80 different countries.

But now, our global payroll managed service is enhanced by an exciting new product - a single view of all payroll data and operations, enabling increased global control.

Enter, TMF Horizon. It’s a powerful, easy-to-use payroll portal, giving you complete visibility of all your payroll operations and data across your organisation – from your HQ to your remotest office.

65%

of businesses do not have the ability to view the payroll processing status across each of their operational markets

Reference: 2016 Global Payroll Survey: An insight into multi-country payroll processing.

Global Payroll Association (GPA)Sponsored by TMF Group.

Page 3: TMF Horizon - TMF Group€¦ · At TMF Group, we’ve helped growing companies make sense of their global payroll operations for many years. 5,500 customers rely on our geographical

3 in 5 (61%)multi-national companies* still rely on email for sharing payroll information

* Paying staff in more than six countries

50%

of companies do not encrypt data to ensure the security of cross-border payroll data transfers

Reference: 2016 Global Payroll Payroll Processes Survey

Bloomberg BNASponsored by TMF Group.

What can TMF Horizon do for you?

As a Finance professional, TMF Horizon’s visibility and control enables you to:

� Identify cost saving opportunities across the business � Gain greater control through global reporting � Link payroll with finance systems � Manage sign-off and approval of payroll processing � Produce meaningful payroll reports that can help drive better informed

staffing decisions

As a Human Resources professional, TMF Horizon can help you to:

� Provide better support for employees by resolving queries quickly and efficiently

� Provide employees with an easy way to access payslips when they need to

� Facilitate your business compliance � Reduce risk by identifying potential data errors or delays in process as

early as possible � Maintain a record of all payroll issues and how they were resolved,

through a ticketing system � Ensure payroll processes are completed on time and in line

with local regulations � Roll out policy documents and ensure employees’ acceptance � Simplify payroll management in an increasingly complex and expanding

global environment

As a Payroll professional, TMF Horizon can help you to:

� Gain complete visibility of payroll processes and operations � Connect employees with payroll, and go directly to them when they

encounter an issue � Improve the delivery of individual payroll data to employees � Monitor processes in real-time � Plan your day through daily tasks and reminders � Agree processing schedules online � Ensure everything is running on time, and to plan through a single portal

Greater visibility and control over global payroll is something businesses strive for, but what does it actually mean for you? Well, that depends on who you are.

Global reports

Payroll reminder & calendar

Accessible across multiple devices

Employee self-service

Employee query tool

Page 4: TMF Horizon - TMF Group€¦ · At TMF Group, we’ve helped growing companies make sense of their global payroll operations for many years. 5,500 customers rely on our geographical

The three pillars of TMF Horizon functionality

View

Exchange

Report

Page 5: TMF Horizon - TMF Group€¦ · At TMF Group, we’ve helped growing companies make sense of their global payroll operations for many years. 5,500 customers rely on our geographical

View: Your global employee portal

A global portal for online

payslipsA secure repository for all important company

policy documents – with the ability to capture individual

acceptance

Messaging function for communication

to individuals, groups or companywide

notifications

Greater payroll visibility for

employees, enabling them to access their own data, and ask their local payroll team questions

directly through the portal

Exchange: Gain confidence in payroll data transfer

A detailed payroll calendar to help you keep track of payroll

schedules across the globe

Approval steps throughout the payroll

process

A single management portal to help ensure all payroll processes are running correctly, and in line with local

regulations

A built-in ticketing system that helps

HR and payroll professionals stay in

touch with TMF experts if an issue arises or

have a request

Multiple levels of visibility – from global

overviews, to deep individual-level data

Secure transfer of data through the portal

Support for every country where TMF

Group provides payroll services – ensuring that no data is ever out of

your sight, and no issue goes undetected

A comprehensive audit log to help you track who did what, and

when

Process workflow

Page 6: TMF Horizon - TMF Group€¦ · At TMF Group, we’ve helped growing companies make sense of their global payroll operations for many years. 5,500 customers rely on our geographical

Report: Turn payroll data into business insight

Support for multiple standard reports based on local payroll data in a single global format:

� Company headcount � Reconciliation reports � Gross to net � Standard TMF general ledger � Raw data downloads

A simple process view that gives you important payroll metrics and information at a glance

A single dashboard for simple, fast reporting - and sharing those reports with the right people when you’re done

The ability to report on all global payroll data

Facing the challenge of ever-changing payroll

As your organisation evolves over time, whether it’s expanding into new countries, changes to your existing operations, or even relocation, managing payroll processes can be extremely challenging. New employees, new processes, and new regulations all combine to form a perfect payroll storm. But it doesn’t have to be a painful process.

From the beginning, you know what to expect. TMF Group’s local knowledge helps you identify which regulations you’ll need to comply with, any benefits your employees may be entitled to, and any other regional payroll considerations you may need to make upfront.

As the pieces start to fall into place, TMF Horizon gives you the confidence that your payroll is in safe hands. Visibility of payroll processing and easy access to data through standard global reporting eases everyday burdens.

TMF Horizon also provides a single place for all of your employees to get full access to their payslips anytime, anywhere, reducing reliance on your local operations.

As the demands change in your operations, you can make sure payroll processes are being executed properly from back at HQ. You can also quickly access reports to show everyone else how things are progressing.

No organisation can evolve without experiencing a few challenges, and if employees have payroll questions, they can get in touch with their local payroll team directly, to get queries resolved quickly before they escalate. And when you’re in need of guidance or assistance, it’s just as easy to get in touch with local or global TMF Group experts and make the most of their knowledge — and the rest of the services we provide.

Page 7: TMF Horizon - TMF Group€¦ · At TMF Group, we’ve helped growing companies make sense of their global payroll operations for many years. 5,500 customers rely on our geographical

Whilst we have taken reasonable steps to provide accurate and up to date information in this publication, we do not give any warranties or representations, whether express or implied, in this respect. The information is subject to change without notice. The information contained in this publication is subject to changes in (tax) laws in different jurisdictions worldwide. None of the information contained in this publication constitutes an offer or solicitation for business, a recommendation with respect to our services, a recommendation to engage in any transaction or to engage us as a legal, tax, financial, investment or accounting advisor. No action should be taken on the basis of this information without first seeking independent professional advice. We shall not be liable for any loss or damage whatsoever arising as a result of your use of or reliance on the information contained herein. This is a publication of TMF Group B.V., P.O. Box 23393, 1100 DW Amsterdam, the Netherlands ([email protected]). TMF Group B.V. is part of TMF Group, consisting of a number of companies worldwide. Any group company is not a registered agent of anothergroup company. A full list of the names, addresses and details of the regulatory status of the companies are available on our website: www.tmf-group.com

© January 2017 TMF Group B.V.

Get started with TMF Horizon todayAre you ready to take control of your global payroll? Talk to us. We are global payroll experts, with the local knowledge you need to keep all of your processes running as efficiently and effectively as possible.

Make an enquiry at tmf-group.com/TMFHorizon to find out what TMF Horizon could do for your organisation.